Gun industry thrives under Obama administration

nydailynews.com
October 19, 2012

President Barack Obama has presided over a heyday for the gun industry despite predictions by the National Rifle Association four years ago that he would be the “most anti-gun president in American history.” Gun buyers fear that Obama wants to restrict their purchases, especially if he were re-elected.

An analysis by The Associated Press of data tracking the health of the gun industry shows that sales are on the rise, so much that some gun manufacturers can’t make enough guns fast enough. Major gun company stock prices are up. The number of federally licensed, retail gun dealers is increasing for the first time in nearly 20 years. The NRA is bursting with cash and political clout. And Washington has expressed little interest in passing new gun laws, despite renewed calls to do so after recent deadly shootings in Colorado and Wisconsin.

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This article was posted: Friday, October 19, 2012 at 10:29 am

Tags: constitution, domestic news, gun rights

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